Regulatory Framework operates in a framework that is legally compliant for all its systems and dealings.

Under the exemption of the Prospectus Regulation (Regulation (EU) 2017/1129, Article 3(2) lit. b), is relieved from the obligation of publishing an approved prospectus when the Securitization SPV offers notes up to a total offer consideration of less than EUR 8.000.000 calculated over a period of 12 months.

In Lithuania, where operates, the threshold for this exemption for the Securitization SPV is set at EUR 8,000,000 over a 12-month period as per the European Securities and Market Authority’s report (number ESMA31-62-1193) on 3 July 2023.

The offerings of are structured in a way to be exempted from the obligation to produce an approved prospectus for public offers under the Lithuanian Law of Securities, implementing the Regulation (EU) 2017/1129. This exempts from the publication of an approved prospectus in situations when the securities are offered to the public or admitted to trading on a regulated market under the following conditions:

  • The offering of the Notes does not require notification as per Article 25 of the Prospectus Regulation.

  • The total principal amount of the Notes offered in the European Economic Area (EEA) by the Securitization SPV is below EUR 8,000,000.00 over a period of 12 months.

The MIFID-II exemption allows the Securitization SPV to distribute and sell securitized debt notes on the platform of its mother company. This is due to the intragroup exemption outlined in the MiFID-II Article 2(1)(b). The PSD2 Exemption enables PC Holding UAB to handle central cash management for, as per the intragroup exemption stipulated in the European revised Payment Service Directive (PSD2) Article 3, lit. (n). This exemption streamlines financial management as well as the onboarding process for investors.

The notes offered on shall be categorized as Packaged Retail Investment Products (PRIP) as per the European Regulation (EU) 1286/2014. The offerings are supplemented with a Key Information Document to provide retail traders with the necessary information to make informed investment decisions.

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